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Part a.
"Standard Costing and Variance Analysis are appropriate to any type and size of organisation". Critically evaluate this statement, indicating whether you agree with the statement or not.
Part b.
A Strategic Management Accountant (SMA) uses cost and income data in a number of different decision making scenarios. Four such scenarios are:
1. Shutting down or keeping open part of the business;2. Pricing products or services;3. Product mix and limiting factor analysis; and4. Make or buy decisions.For each of the above four scenarios, you are asked to
a) Critically evaluate and discuss what the relevant costs and income would be, to enable the SMA to reach a decision; andb) Discuss and comment on any qualitative factors that might need to be taken into account in reaching a decision.
Discuss how the two biggest sales promotion trends
Explain the concept of the product life cycle and apply this to one product or service of your company. Include the strategic implications of being in this stage of the PLC.
What is a risk assessment? What is the concept of reasonable assurance as it applies to the implementation of computer security measures?
Examine company policies, procedures, and practices found in company publications and articles on the organization completed by researchers.
How you intend to ensure the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan
How might a project team recommending an ERP design strategy justify its recommendation as compared with other types of design strategies?
What is the arrival rate for each customer per hour and which queuing model will you use? What is arrival rate for each customer per hour?
Identify the opportunities and potential threats to the organic foods industry by completing a SWOT analysis and how can a competitive advantage be achieved using the strengths and opportunities identified in the SWOT
Sampling approach and data saturation
If you were Waldorf, would you change the pricing strategies based on the perceptions of the consumers as well as the growing threats of the competition? If so, what would you do and why?
What role does that of resources and capabilities play in Funder Mifflin Inc's strategy formulation? What are Facebook's key resources?
Conduct a thorough strategic analysis of your organisation's external environment and critically evaluate how the identified issues might impact on the organisation's business strategy.
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